Bank of Korea: will adjust policy when more certain of inflation easing
SEOUL (Reuters) – South Korea’s central bank said on Thursday it would change its aggressive policy tightening stance when it becomes more certain that inflation …
Korea
Automakers, South Korea urge U.S. to tap commercial EV tax credit
By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax …
U.S. State Department approves potential sale of Chinook helicopters to South Korea – Pentagon
(Reuters) – The U.S. State Department has approved the potential sale of Chinook helicopters and related equipment to South Korea in a deal valued at …
U.S. Fed Reserve Board ends enforcement action against Industrial Bank of Korea
NEW YORK (Reuters) -The Federal Reserve Board on Tuesday said it is terminating an enforcement action against Industrial Bank of Korea (IBK) over previous deficiencies …
North Korea fires over 130 artillery rounds as warning after South Korea-U.S. drills
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) -North Korea said it fired more than 130 artillery shells into the sea off its east and …
When the chips go up: Big banks bet on South Korea, Taiwan stocks for 2023
By Harish Sridharan (Reuters) – Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally …
South Korea Nov exports fall most in 30 months on slow China demand, semiconductors
By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korea’s exports in November suffered their worst annual drop in 2-1/2 years, hurt by cooling global …
South Korea Nov factory activity shrinks for 5th month, but downturn eases slightly – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a fifth straight month in November but the downturn moderated slightly, a private-sector survey showed on …
South Korea revised Q3 GDP +0.3% q/q, in line with earlier estimate
SEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed …
South Korea scrambles jets as China, Russia warplanes enter air defence zone
By Hyonhee Shin SEOUL (Reuters) – South Korea’s military said it scrambled fighter jets as two Chinese and six Russian warplanes entered its air defence …
South Korea Oct factory output drops at fastest pace since May 2020
SEOUL (Reuters) – South Korea’s factory output dropped in October by more than expected and at the fastest pace in nearly 2-1/2 years, government data …
South Korea November exports set to fall by most in 2-1/2 years – Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports were set for a second month of declines in November and by the steepest pace in …
South Korea looks to spur exports to overcome slump
By Choonsik Yoo SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday the government would aid companies with the promotion of exports to …
Analysis-In male-dominated North Korea, leadership prospects of Kim Jong Un’s daughter are uncertain
By Josh Smith SEOUL (Reuters) -Although the unexpected appearance of North Korean leader Kim Jong Un’s daughter raised speculation that she could be a successor …
S. Korea household credit grows at slowest annual rate in at least 20 years
SEOUL (Reuters) – South Korea’s household credit grew at the slowest annual pace in at least two decades in the third quarter, central bank data …
South Korea debates scrapping Cold War-era ban on North’s propaganda
By Hyonhee Shin SEOUL (Reuters) – Debate is brewing in South Korea over efforts to scrap a decades-old ban on North Korean media, as changing …
Bank of Korea to hike rates a modest 25bps on Nov 24 as growth slows- Reuters poll
By Devayani Sathyan and Anant Chandak BENGALURU (Reuters) – South Korea’s central bank will scale back its tightening pace on Thursday and hike rates by …
South Korea Nov 1-20 exports tumble on weak demand for chips, China woes
SEOUL (Reuters) – South Korea’s exports for the first 20 days of November shrank 16.7% from the same period a year ago, dragged down by …
G7 calls for ‘significant’ U.N. response to North Korea missile launches
ROME (Reuters) -The United Nations’ Security Council needs to take “significant measures” in response to the latest intercontinental ballistic missile launch by North Korea, foreign …
North Korea rebuked as allied countries hold emergency meeting over missile launch
By Poppy McPherson BANGKOK (Reuters) – Leaders of the United States, South Korea, Japan and allied countries convened an emergency meeting during an Asian summit …
South Korea, U.S. hold joint air force firing drills
SEOUL (Reuters) – South Korea and the United States held joint air force drills on Friday, using F-35A fighters, in response to North Korea’s test …
U.S. VP Harris: North Korea missile launch “brazen violation” of U.N resolutions
BANGKOK (Reuters) – U.S. Vice President Kamala Harris said on Friday that North Korea’s missile launch was a “brazen violation” of multiple U.N. resolutions and …
North Korea missile had the range to reach U.S. mainland, Japan says
TOKYO (Reuters) – A missile fired on Friday by North Korea had sufficient range to reach the United States mainland, and was capable of flying …
Bank of Korea board member Suh says macroeconomic policy needs to be flexible
SEOUL (Reuters) – Bank of Korea (BOK) monetary policy committee member Suh Young-kyung said on Tuesday that monetary policy needs to be flexible, as trade-offs …
US Looks To South Korea To Fill Ammunition Backlog After Sending Nearly A Billion Rounds To Ukraine
US Looks To South Korea To Fill Ammunition Backlog After Sending Nearly A Billion Rounds To Ukraine Micaela Burrow on November 11, 2022 The U.S. …
‘Smash The Enemies’: North Korea Claims Missile Launches Were Practice For A South Korean Invasion
‘Smash The Enemies’: North Korea Claims Missile Launches Were Practice For A South Korean Invasion Micaela Burrow on November 7, 2022 North Korea said Monday …
South Korea scrambles jets after detecting North Korean military flights near border amid tensions
SEOUL (Reuters) -South Korea’s military said it scrambled fighter jets after detecting about 180 North Korean military flights north of the two countries’ border over …
Explainer-North Korea is developing ICBMs. What are they?
By Hyonhee Shin SEOUL (Reuters) – North Korea has dramatically ramped up missile tests this year and tested an intercontinental ballistic missile (ICBMs) on Thursday, …
South Korea steps up monitoring in crowded subways after Halloween crush
By Soo-hyang Choi SEOUL (Reuters) – South Korea is beefing up monitoring at crowded subway stations following a deadly Halloween crush that killed more than …
Exclusive-U.S. says China and Russia have leverage to stop North Korea nuclear test
By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The United States believes China and Russia have leverage they can use to persuade North Korea …
North Korea Caps Off Its Record Missile Launch Spree With Apparently Failed Nuke Test
North Korea Caps Off Its Record Missile Launch Spree With Apparently Failed Nuke Test Micaela Burrow on November 3, 2022 North Korea launched a volley …
Analysis-Why is North Korea testing so many missiles?
By Josh Smith SEOUL (Reuters) – The hundreds of South Korean and American warplanes simulating attacks during drills are most likely what led North Korea …
South Korea FX reserves fall again in Oct as won weakens
SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank for a third consecutive month in October, although by a relatively small amount, partly due to …
South Korea FX reserves fall again in Oct as won weakens
SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank for a third consecutive month in October, although by a relatively small amount, partly due to …
Trauma of South Korea Halloween party tragedy is pervasive, expert says
By Daewoung Kim and Hanna Song SEOUL (Reuters) -As South Korea mourns the deaths of more than 150 people in a Halloween party crush, many …
Trauma of South Korea Halloween party tragedy is pervasive, expert says
By Daewoung Kim and Hanna Song SEOUL (Reuters) -As South Korea mourns the deaths of more than 150 people in a Halloween party crush, many …
Analysis-U.S. and allies turn to deterring war with North Korea as options for preventing nuclear tests dwindle
By Josh Smith SEOUL (Reuters) – The prospect of a new North Korean nuclear test underscores the limited options for Washington and its allies, who …
South Korea stampede death toll rises to 120 – fire authorities
SEOUL (Reuters) – The number of deaths reported from a stampede in a central district of the South Korean capital Seoul has risen to 120, …
U.S. says North Korea policy unchanged after nuclear remark raises eyebrows
By David Brunnstrom and Simon Lewis WASHINGTON (Reuters) – The United States said on Friday its policy towards North Korea had not changed after a …
South Korea Oct inflation to be lower than worried level -fin min
SEOUL (Reuters) -South Korea’s finance minister said on Friday the October inflation rate would likely turn out to be lower than earlier thought due mainly …
South Korea ministers pledge to boost economy
SEOUL (Reuters) -South Korea’s government said on Thursday it would ease regulations on the housing sector and boost policy support for the rechargeable battery and …
Analysis-Deal for reducing military tensions with North Korea could go ‘back to square one’
By Josh Smith and Hyonhee Shin SEOUL (Reuters) – A 2018 military agreement between North Korea and South Korea designed to prevent inadvertent clashes along …
On The Border Further Expands its International Presence in South Korea
Expanding JRW Inc.’s direct franchise commitment in Southeast Asia Dallas, TX (-) On The Border Mexican Grill & Cantina, the world’s largest Mexican casual dining …
South Korea kicks off military drills amid talk of North Korean nuclear test
By Hyonhee Shin SEOUL (Reuters) – South Korea’s troops kicked off their annual Hoguk defence drills on Monday, designed to boost their ability to respond …
Explainer-When will North Korea test a nuclear weapon?
By Josh Smith SEOUL (Reuters) – North Korea’s recent flurry of missile launches has raised expectations that it could soon test a nuclear device for …
Explainer-When will North Korea test a nuclear weapon?
By Josh Smith SEOUL (Reuters) – North Korea’s recent flurry of missile launches has raised expectations that it could soon test a nuclear device for …
North Korea says missile tests self-defence against U.S. military threats -KCNA
By Joyce Lee SEOUL (Reuters) -North Korea said on Saturday its missile tests are for self-defence against direct U.S. military threats and they have not …
U.S. targets Singapore, Marshall Islands firms in new North Korea sanctions
By Daphne Psaledakis and David Brunnstrom WASHINGTON (Reuters) -The United States on Friday imposed new sanctions following North Korea’s latest missile launches this week, targeting …
Bank of Korea to go for second big hike on Wednesday: Reuters Poll
By Shaloo Shrivastava BENGALURU (Reuters) – South Korea’s central bank will opt to go big again and hike rates by another half-point next week, pushing …
South Korea to ready tools for FX liquidity supply
SEOUL (Reuters) – South Korea’s finance ministry said on Friday it would prepare to have tools ready for the authorities to supply foreign exchange liquidity …